A) 12%
B) 14%
C) 15%
D) \[16\frac{2}{3}%\]
Correct Answer: C
Solution :
Interest on \[Rs.\text{ }10580\]for 1 year \[=Rs.(12167-10580)\] \[=Rs.1587\] \[\therefore \] Rate \[=\left( \frac{100\times 1587}{10580} \right)%=15%\]
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